Dollar ending a 5 waves drop, oversold. Oil exactly opposite. Time to be cautious after this rally
SPY
- Thread starter Phill Twist
- Start date
Thank you buybacks for SPY's recovery.
The "bubble" everyone is now talking about is the disbelief in the technicals not so much the fundamentals imo
Three CB Interventions in one week, sudden reversal in crude and the biggest short squeeze since 2009, is how i'll remember this rally
bouncing off trend line.The further it travels without a pullback the more it's sealing its fate.The vix is going to spike irrationally
Deflation wave is coming again. Dollar going to get stronger. Oil going down. Worse profit recession. Less revenue.more world conflict
$SPY This by far could be my best study to date. I call it SpadeSmartRSI. Will keep testing and share how it works.
tech indicators points pullback. Probably to 198-196. Then probably return to 205, but who know. Till april Fed, dont expect great mov.
So this market generally now follows a woman. Come on Yellen, generate some volatility. The market has to go down. So fake.
Market has been leading the FED for years if we get a FED that can think independently and act on principle, this bubble is done